J.P. Morgan Securities <a href="https://laohu8.com/S/PLC">PLC</a> Engages in Significant Securities Dealings with <a href="https://laohu8.com/S/HKBNF">HKBN Ltd</a>., Involving Over 49,000 Shares Through Hedging Activities
On May 16, 2025, HKBN Ltd. disclosed securities dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers. J.P. Morgan Securities PLC, a Class (5) associate connected with HKBN, conducted hedging of Delta 1 products resulting from unsolicited client-driven orders. The dealings involved the purchase of 2,500 shares and the sale of 46,500 shares. J.P. Morgan Securities PLC, owned by JPMorgan Chase & Co., made these transactions for its own account.
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